Central Bank & Trust Co. grew its holdings in Alphabet Inc Class A (NASDAQ:GOOGL) by 3.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,553 shares of the information services provider’s stock after purchasing an additional 284 shares during the quarter. Alphabet Inc Class A comprises 2.4% of Central Bank & Trust Co.’s portfolio, making the stock its 7th biggest holding. Central Bank & Trust Co.’s holdings in Alphabet Inc Class A were worth $9,658,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of GOOGL. Well Done LLC bought a new position in Alphabet Inc Class A during the first quarter worth about $107,000. Westchester Capital Management Inc. lifted its stake in Alphabet Inc Class A by 1,262.5% during the first quarter. Westchester Capital Management Inc. now owns 109 shares of the information services provider’s stock worth $113,000 after purchasing an additional 101 shares during the period. KHP Capital LLC bought a new position in Alphabet Inc Class A during the first quarter worth about $124,000. Private Ocean LLC lifted its stake in Alphabet Inc Class A by 355.6% during the first quarter. Private Ocean LLC now owns 123 shares of the information services provider’s stock worth $127,000 after purchasing an additional 96 shares during the period. Finally, Highlander Capital Management LLC lifted its stake in Alphabet Inc Class A by 333.3% during the first quarter. Highlander Capital Management LLC now owns 130 shares of the information services provider’s stock worth $133,000 after purchasing an additional 100 shares during the period. 33.62% of the stock is currently owned by institutional investors.

NASDAQ:GOOGL opened at $1,177.98 on Monday. Alphabet Inc Class A has a 1 year low of $924.51 and a 1 year high of $1,291.44. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.15 and a quick ratio of 4.13. The company has a market capitalization of $815.37 billion, a PE ratio of 36.75, a PEG ratio of 1.49 and a beta of 1.10.

Alphabet Inc Class A (NASDAQ:GOOGL) last posted its earnings results on Monday, July 23rd. The information services provider reported $11.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.51 by $2.24. Alphabet Inc Class A had a net margin of 13.16% and a return on equity of 18.24%. The company had revenue of $26.24 billion during the quarter, compared to analysts’ expectations of $25.64 billion. During the same quarter in the previous year, the company posted $5.01 earnings per share. sell-side analysts anticipate that Alphabet Inc Class A will post 42.46 EPS for the current year.

A number of research analysts have commented on the stock. Morgan Stanley restated an “overweight” rating and set a $1,515.00 price target (up previously from $1,325.00) on shares of Alphabet Inc Class A in a research note on Wednesday, August 29th. Macquarie restated a “buy” rating and set a $1,250.00 price target on shares of Alphabet Inc Class A in a research note on Monday, August 27th. MKM Partners raised their price target on shares of Alphabet Inc Class A from $1,355.00 to $1,465.00 and gave the stock a “buy” rating in a research note on Wednesday, August 22nd. Jefferies Financial Group restated a “buy” rating and set a $1,450.00 price target on shares of Alphabet Inc Class A in a research note on Tuesday, August 21st. Finally, Argus raised their price target on shares of Alphabet Inc Class A to $1,450.00 and gave the stock a “buy” rating in a research note on Wednesday, July 25th. Five investment analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the stock. Alphabet Inc Class A presently has an average rating of “Buy” and a consensus price target of $1,313.72.

Alphabet Inc Class A Company Profile

Alphabet Inc, through its subsidiaries, provides online advertising services in the United States and internationally. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure and newer efforts, including Virtual Reality.

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Institutional Ownership by Quarter for Alphabet Inc Class A (NASDAQ:GOOGL)

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